Description

We are pleased to offer the sale of 4019 Rhodes, a two-story, 3,592 sq ft, 8-unit office building located in the heart of Studio City; hip shopping and restaurants a block away. The subject property is one of two contiguous office buildings offered for sale (the other is 12411 Ventura Ct). Trust Sale. Sold AS IS. Property sold AS IS without any conditions or contingencies. Buyer responsible for termite report/completion and any City Reports/inspections if required. The sale is contingent upon either a Court Order confirming the sale of property or the expiration of 50 days after service of a Notice of Proposed Action regarding the terms of the sale without objection to that Notice. Multiple offers received. Buyers are to submit their Best/Final offer no later than Monday 11/17 at 11.

Attachments

Population

Marital status (Number of people who have the following marital status)

Never married

10,182

Married

11,642

Separated

479

Widowed

1,133

Divorced

3,217

Population by age

Under 15

4,468

Age 15 to 24

2,691

Ages 25 to 44

10,553

Ages 45 to 64

8,597

Age 65 and over

4,333

Population mobility

Live in the same house as 1 year ago

25,389

Moved from abroad

225

Moved from a different state

1,181

Moved from the same county

3,189

Moved from the same state

365

Population by poverty level

Above poverty level

28,056

Below poverty level (daily income under $1.90/day)

1,980

Employment

White collar

17,003

Blue collar

855

Class of worker

Self employed

4,292

Private company

11,866

Not for profit company

899

Government workers

801

Households

Total households

14,437

Family households

7,001

Non-family households

7,436

Households with children

3,255

Households without children

11,182

Average people per household

2.10

Education (Number of people who have achieved the following levels of education)

No high school

210

Some high school

2,874

Some college

5,431

Associate degree

1,432

Bachelors degree

10,740

Graduate degree

5,342

Income/Financial

Average household income

$150,073

Median household income

$99,745

Median income under 25

$54,583

Median income 25-44

$99,643

Median income 45-64

$128,066

Median income over 65

$79,688

Housing occupancy

Housing units

15,435

Occupied housing units

14,437

Owner occupied units

6,613

Renter occupied units

7,824

Median housing costs per month

$2,052

Median gross rent per month

$1,780

Housing by year built

Year built median

1968

Built before 1939

1,616

Built between 1940 and 1949

1,826

Built between 1950 and 1959

2,542

Built between 1960 and 1969

2,255

Built between 1970 and 1979

2,333

Built between 1980 and 1989

1,718

Built between 1990 and 1999

1,495

Built between 2000 and 2009

1,416

Built after 2010

234

Housing mortgage situation

Houses with mortgage

5,157

Houses without mortgage

1,456

Median value with mortgage

$1,032,000

Median value without mortgage

$900,000

Demographic data shown in this section was gathered from the 2017 American Community Survey and is deemed reliable but is not guaranteed. No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.